The Technology Trap
Awards & Recognition
A Financial Times Book of the Year 2019: Technology
A New York Times Book Review Last Great Book I've Read
A Wall Street Journal Private Equity Summer Read of 2023
Winner of the Richard A. Lester 2019 Book Award
A Gartner Must-Read Business Books of 2021
A Boston Consulting Group Recommended Read of 2021
A Management Today Summer Business
A Handelsblatt Best Technology
A Financial Times Summer Book of 2019: Business
A Five Books Best Economics Books of 2019
A TechCrunch Must-Read of 2019
University of Chicago Recommended Reading 2019
A Época Negócios Best Books of 2019
Shortlisted for the Enlightened Economist Prize
A Project Syndicate Best Reads in 2019
A Choice Outstanding Academic Titles of 2019
A Silver Medallist in Axiom Business Book Award 2020
Reviews & Praise
The Economist
David Byrne, New York Times Book Review
"A superb guide to 21st-century automation and its disruptive effects."
John Harris, The Guardian
Adi Gaskell, Forbes
Andrew Hill, Financial Times
Wall Street Journal
Joel Mokyr, The Journal of Economic History
Jayati Ghosh, Project Syndicate Best Books of 2019
Alexander Donges, Journal of the German Economic History Association
Liam Kennedy, LSE Review of Books
Tim Harford, The Undercover Economist
Greg Williams, Wired
Benjamin Schneider & Jane Humphries, Project Syndicate
Diane Coyle, The Enlightened Economist
Choice Reviews
The American Historical Review
Ed Conway, The Times
"An extremely useful history of the effect of technology on jobs and income inequality."
John Judis, The National Interest
"A fascinating history of technical change."
Chris Dillow, Stumbling and Mumbling
John Thornhill, Financial Times
James Pethokoukis, AEIdeas
"The Technology Trap... wird wieder Aufmerksamkeit erregen."
Patrick Bernau, Frankfurter Allgemeine
Joshua Kim, Inside Higher Ed
Alexander Field, EH.net
"Frey ist ein hervorragender Analytiker der Probleme der anstehenden Veränderungen."
Stephan Scheuer, Handelsblatt
Masood Ahmed, CGD Policy Blog
"I have been lost in [The Technology Trap] for the last 10 days."
John Harris, The Guardian
Steve LeVine, Axios Future
"In this important new work of applied history, Oxford economic historian Carl Benedikt Frey draws on the experience of the first and second industrial revolutions, as well as the first computer revolution, to offer answers to some of the burning questions of our time. His key point -- that technological disruption of the labor market is usually painful in the short run, whatever the long-run benefits of innovation -- is of vital importance to voters and policy-makers alike."
Niall Ferguson, author of "The Ascent of Money"
"The Technology Trap is a subtle, wide-reaching exploration of the relationship between technology and labor over centuries of history. Frey shows how the impacts of automation upon the British and American workforce have been shaped by changing power structures. In its attention to the detailed determinants of change, his book is a hugely welcome antidote to today’s surfeit of sweeping predictions about the future of work."
Robert Skidelsky, author of "Keynes: The Return of the Master"
“How will artificial intelligence affect the future of work? In The Technology Trap, Frey answers this question through a comprehensive, insightful analysis of the relationship between technological advances and work, from preindustrial society through the Computer Revolution. He predicts that intelligent machines will reduce the demand for human labor while yielding significant productivity gains. Societies will differ in how they choose to distribute these gains."
Laura Tyson, Chair of President Clinton's Council of Economic Advisers
"Carl Frey’s highly original, admirably engaging, and deeply researched book should be read by anyone interested in how technological change will disrupt not only our jobs, but also our politics and society. By comparing the current age of disruptive technological change with the Industrial Revolution, The Technology Trap provides unique and timely insights which we ignore at our peril."
Ian Goldin, author of "The Age of Discovery"
"In this book, Carl Frey brings a new perspective, that of historical experience, to tackle some of the most important issues of our time. Offering the clearest account that I have read in quite a while regarding current problems around employment, technology, economic performance, and globalization, Frey provides the technological background to Thomas Piketty’s analysis of inequality, Capital in the Twenty-First Century."
Jane Humphries, author of "Childhood and Child Labour in the British Industrial Revolution"
